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plus, erin burnett has an exclusive interview with defense secretary, leon panetta about this launch. she also talks with him about syria, what we're learning tonight about the forces loyal to president bashar al assad, and how scud missiles have been fired. >>> the united states government says it shows just how desperate assad's regime is now getting. >>> and also, our first look at the shooter who police believe is responsible for last night's deadly rampage in a portland-area mall. police have identified him as well as the two people that he killed. let's go "outfront." >>> good evening, everyone. i'm ashleigh banfield in for erin burnett tonight who is on assignment in afghanistan. we've got breaking news right off the top. cnn just learning that the united states does not believe that north korea is in full control of that satellite that it sent into space with the long-range rocket launch. this is according to a u.s. official to our barbara starr at the pentagon. up until now, by most accounts, this launch has been seen as a success, or certainly it raised the bar on how we vie
plus, erin burnett has an exclusive interview with defense secretary, leon panetta about this launch. she also talks with him about syria, what we're learning tonight about the forces loyal to president bashar al assad, and how scud missiles have been fired. >>> the united states government says it shows just how desperate assad's regime is now getting. >>> and also, our first look at the shooter who police believe is responsible for last night's deadly rampage in a...
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Dec 10, 2012
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>> defense cuts cost jobs that the government cannot create jobs. >> i worked on a plane for four years. this is the biggest scam in the world. not the soldiers health care. host: why you say that? caller: is a huge amount of money. i was spent millions fixing a plane every day. it is more money than you can imagine. guest: the government looks at every job and activity. it is really hard to make the case that they overcharge. it is much more expensive because the way the government does it. there is performance of based logistics. you can save billions. it is the way avis would do it for cars. even save huge amounts of money. that means getting the back office out of the way. it means fewer back office jobs. they do not want to give up the power. host: the contacting system is really complicated. some of that is what the caller is saying. we have a lot of money through a system, a fair amount can disappear in ways we do not count. a history of 60 or 70 years of litigation against contractors to overcharge, contractors do overcharge. is not to say every contractor every time. we have a
>> defense cuts cost jobs that the government cannot create jobs. >> i worked on a plane for four years. this is the biggest scam in the world. not the soldiers health care. host: why you say that? caller: is a huge amount of money. i was spent millions fixing a plane every day. it is more money than you can imagine. guest: the government looks at every job and activity. it is really hard to make the case that they overcharge. it is much more expensive because the way the government...
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Dec 10, 2012
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the defense department succeeds all other areas of government. everybody supports our defense. i believe are most important national interest is our own people and putting the funding into rebuilding the urban areas of the united states and bringing poor people up to a standard of living where they can get by. we spent over $300 billion on iraq and afghanistan. guest: the caller is correct when he talks about china. they are just barely beginning to use aircraft carriers and things like this. they are much more focused at home. it is of concern a rise in china but not at the level of the united states. that is a concern. it is a time for real debate in this country about where we go. it is time to relook at our national priorities. everybody thinks the pentagon is on the table. host: that is why we are focusing on this morning, focusing in on the pentagon and sequestration. that call it put the figure of the wars at $300 billion. guest: i think it is higher. it probably goes higher than that number. host: overall? guest: the oco funding got up to about $170 billion at its highe
the defense department succeeds all other areas of government. everybody supports our defense. i believe are most important national interest is our own people and putting the funding into rebuilding the urban areas of the united states and bringing poor people up to a standard of living where they can get by. we spent over $300 billion on iraq and afghanistan. guest: the caller is correct when he talks about china. they are just barely beginning to use aircraft carriers and things like this....
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Dec 7, 2012
12/12
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nearly 45% of the city's economy is tied to defense spending. and in response to sea level rise, the navy has been replacing 14 piers at a cost of $35 million to $40 million apiece. >> sea level here is coming up for lots of reasons. there is no reason for it to go down. it just keeps coming up. >> reporter: larry atkinson heads the climate change and sea level rise institute at old dominion university. >> there is anecdotal evidence and there is real evidence that we have from the tide gauges we have. we can measure this. the science is simple. >> reporter: atkinson is part of a team of scientists the state of virginia has hired to study flooding. an early draft of the bill in the state assembly that funded the study drew criticism from some conservatives. the virginia tea party described the study on its website as: "more wasted tax dollars for more ridiculous studies designed to separate us from our money and control all land and water use." the final bill avoided the phrases sea level rise and climate change and won overwhelming bipartisan s
nearly 45% of the city's economy is tied to defense spending. and in response to sea level rise, the navy has been replacing 14 piers at a cost of $35 million to $40 million apiece. >> sea level here is coming up for lots of reasons. there is no reason for it to go down. it just keeps coming up. >> reporter: larry atkinson heads the climate change and sea level rise institute at old dominion university. >> there is anecdotal evidence and there is real evidence that we have...
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Dec 9, 2012
12/12
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that is based on secretary of defense and his comments. i had the army chief of staff in my office a week or so ago telling me they are look to go cut 80,000 people out of the active duty army beginning now. that is before these massive cuts come through. i think they will see the harmful effects over the next decade. >> in a word do you think we avert the train reck? are we getting a front row seat and watch it happen? >> we want to you get an agreement we want to you work it out. >> we don't want you to throw our principals into the train. as you mentioned we have passed the proposal that would stop the defense cuts that would stop the tax rates from going up. we passed something the president asked and i think we are willing to go over the cliff. we are willing to work to try to get the agreement. in the process we don't want to throw the fundamental principles out the window. i think we firmed it as well. >> thanks for being with us. always a pleasure. >> she was one of america's darlings when she captured the imagination of little gir
that is based on secretary of defense and his comments. i had the army chief of staff in my office a week or so ago telling me they are look to go cut 80,000 people out of the active duty army beginning now. that is before these massive cuts come through. i think they will see the harmful effects over the next decade. >> in a word do you think we avert the train reck? are we getting a front row seat and watch it happen? >> we want to you get an agreement we want to you work it out....
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Dec 11, 2012
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and why doesn't the president offer spending cuts to medicare and defense and social security? how about weapons programs that don't fit in the terrorism world. how about foreign aid and maybe trying to be helpful, i'm sure some of today's rallies are based on the believe that say some of today's rally is better than tomorrow. but what, he is the fed chief. the levels of purchase have gotten insane. but bad for those who have been buying stocks. they are confident that they will keep rates low. it will run up into the fed statement and you might as well wait for the market to come in. we will be back on cliff watch. it is that i have a bunch of politicians to agree that there should be no vacation. or they are getting our critical message on this issue. maybe everybody i spoke to is ready to rise above these labels. time to avoid the cliff. that is a prescription for the wealth creation that is dependant upon washington's policy. here is my bottom line. and then we bounce back. when republicans can stick by the pledge. so we have to ask yourself can you handle the intrusion fro
and why doesn't the president offer spending cuts to medicare and defense and social security? how about weapons programs that don't fit in the terrorism world. how about foreign aid and maybe trying to be helpful, i'm sure some of today's rallies are based on the believe that say some of today's rally is better than tomorrow. but what, he is the fed chief. the levels of purchase have gotten insane. but bad for those who have been buying stocks. they are confident that they will keep rates low....
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Dec 12, 2012
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but the neurospace defense command says at no time was it a threat to north america. now back to "on the record" with greta van susteren. senator rant democrats dig their own grave. he says let democrats raise taxes on everybody. senator paul telling republican colleagues senator to vote present on a deal allowing democrats to push through their tax hikes. why would rand paul want to take that tactic? the senator joins us. good evening, sir. >> good evening, greta. >> explain to me why you think that's a good tactic. >> i think what we should do first of all is put forward what we are for. if they are in the house the house leadership should put something forward that extends the bush tax cuts forever and has significance spending cuts, and i think they passed that. the democrats won't accept that and were unwilling to stay by our position, then i had say let them pass a tax increase on the upper increase folks but let it do it with their votes, not our votes. republicans vote present, democrats pass the tack increase with only democrat votes and then the democrats ar
but the neurospace defense command says at no time was it a threat to north america. now back to "on the record" with greta van susteren. senator rant democrats dig their own grave. he says let democrats raise taxes on everybody. senator paul telling republican colleagues senator to vote present on a deal allowing democrats to push through their tax hikes. why would rand paul want to take that tactic? the senator joins us. good evening, sir. >> good evening, greta. >>...
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Dec 6, 2012
12/12
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this season, a good offense is the best defense. lysol. mission for health. so i get claritin clear... ...for strong, non-drowsy relief of all my allergies... ...like dust... ...mold... ...pets... ...and pollen. looks good. thanks. i live claritin clear. >>> it's 11 minutes after 5:00 on this thursday morning. and this morning's health alert we have been hearing a lot lately about morning sickness. and that's because the duchess of cambridge is suffering from a severe form of the condition. but it doesn't only happen to royalty. and many women do experience morning sickness so you might be wondering is there anything i can do about it? well, here's what the doctors suggest. despite the name, women can get sick anytime of day. day or night. and doctors aren't exactly sure what causes it. but they think it's linked to the increased levels of hormones produced when you are expecting. so to alleviate the symptoms here have only things that -- are some things that could be suggested. snack often and eat small meals, avoid spicy or fatty foods and also get plenty o
this season, a good offense is the best defense. lysol. mission for health. so i get claritin clear... ...for strong, non-drowsy relief of all my allergies... ...like dust... ...mold... ...pets... ...and pollen. looks good. thanks. i live claritin clear. >>> it's 11 minutes after 5:00 on this thursday morning. and this morning's health alert we have been hearing a lot lately about morning sickness. and that's because the duchess of cambridge is suffering from a severe form of the...
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defense has to be on the table. everything has to be on table. you have to begin this any dpoesh yags by agrees there are knoll going to be any preconditions. even's going to be on the table. you have to also agree nothing will be decided until everything is decided. you also have to agree everything will be done in confidence and bhoofrd behind closed doors. it's extraordinarily difficult when you try to do it. it looks like the campaign is continuing. that's where we are today. we did social security totally plievt behind closed doors. >> so you think the way they're doing it is just wrong. >> i don't think they'll ever get this this way. they're jousting each other. each side is repeating its campaign talking points. you need to have a serious confidenti confidential, substantial negotiation by top levels of both parties. >> you are a political animal. looking at this, this situation, what is your gut? who's going to win? >> i don't know. who we ought to be talking about is not who's going to win but how can the country win? look. in the short
defense has to be on the table. everything has to be on table. you have to begin this any dpoesh yags by agrees there are knoll going to be any preconditions. even's going to be on the table. you have to also agree nothing will be decided until everything is decided. you also have to agree everything will be done in confidence and bhoofrd behind closed doors. it's extraordinarily difficult when you try to do it. it looks like the campaign is continuing. that's where we are today. we did social...
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Dec 11, 2012
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lou: defense officials have identified highly decated decorated -- decorat navy seal that was killed over the weekend. 28 year-old from pennsylvania of member of tte eliteeal team six kill in combat during the mission to rescue dr. seph who was adopted by the taliban last wednesday successfully rescued by special operation forces one congressmen pilot at the federal budget and his reco before going on the talk-show. here he is yesterday. >> one of the issues left alone as the mischa who was responsible, how we got here and tolay in medicare and medicaid and social security as the drivers of the deficit. two wars on a credit card? financial institutions. lou: amnesia apparently is contagious. here are the fac with an 40% ofhe budget is spent on medicare and social security. the congressmen could recall e voting record himself he vod to approve more spending four times over the past five years. grace of workers made national headlines when a local affiliate, the drinking and smoking marijuana during the lunch break. >> high. shouldn't you be building cars? don't you work at the chrysle
lou: defense officials have identified highly decated decorated -- decorat navy seal that was killed over the weekend. 28 year-old from pennsylvania of member of tte eliteeal team six kill in combat during the mission to rescue dr. seph who was adopted by the taliban last wednesday successfully rescued by special operation forces one congressmen pilot at the federal budget and his reco before going on the talk-show. here he is yesterday. >> one of the issues left alone as the mischa who...
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Dec 13, 2012
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one of those firms is schwab, they say they can adjust defenses if they see any violations. maria, back to you. >> mary, thank you so much. coming up next, illinois congresswoman jan schakowsky says there's no way a deal can be reached and if union workers don't get the health care benefits they want may walk out, this after unions are making moves across the board in business that have put certain firms out of business. we've got the debate coming up. what are you up to? oh, just diagramming this accident with my state farm pocket agent app. you can also get a quote and pay your premium with this thing. i thought state farm didn't have all those apps? where did you hear that? the internet. and you believed it? yeah. they can't put anything on the internet that isn't true. where did you hear that? [ both ] the internet. oh look. here comes my date. i met him on the internet. he's a french model. uh, bonjour. [ male announcer ] state farm. more mobile than ever. get to a better state. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i ne
one of those firms is schwab, they say they can adjust defenses if they see any violations. maria, back to you. >> mary, thank you so much. coming up next, illinois congresswoman jan schakowsky says there's no way a deal can be reached and if union workers don't get the health care benefits they want may walk out, this after unions are making moves across the board in business that have put certain firms out of business. we've got the debate coming up. what are you up to? oh, just...
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Dec 13, 2012
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we are going to get answers to those questions with our interview with the secretary of defense, leon panetta. and you are going to be meeting these girls. they have big, big dreams. they are pretty inspirational. we are going to ask the question about what their future as girls is going to be. all that out front tomorrow live. >> thank you all for joining us. in the meantime, anderson cooper 360 starts right now. >> ashley thank you. good evening. we begin tonht keeping them honest searching for facts holding people in government accountable. tonight we are going to show you a place so horrific it is tough to believe it exists. a modern day concentration camp. this concentration camp is in north korea a country that is right now publicly celebrating the launch of a missile. >> after four successful failures north korea shocked the world with this launch. nuclear war heads to the west coast of the united states. >> these images showed people celebrating in north korea. tonight there are signs that the north korea people not totally in control of the device. >> but tonight on north kor
we are going to get answers to those questions with our interview with the secretary of defense, leon panetta. and you are going to be meeting these girls. they have big, big dreams. they are pretty inspirational. we are going to ask the question about what their future as girls is going to be. all that out front tomorrow live. >> thank you all for joining us. in the meantime, anderson cooper 360 starts right now. >> ashley thank you. good evening. we begin tonht keeping them honest...
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Dec 9, 2012
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awareness will failed to tackle the issue if it does not supplemented by an analysis defense efforts to trace what is going on from a supply chain to a beat. each sector, all of you belong to a sector of the party interested and center slavery, i will take the liberty of telling you what the efforts should be. i think we have to leave the field with policy recommendations related to issues like supply chance. guidance from scholars and find a way to comply globally and effectively. i cannot stress this enough. if we are doing a poor job of understanding and tackling slavery, we are doing a prophetic of a free empowering exportation everywhere at the to the world. similar efforts, and the organization. a everett is the distance of tournaments and to social movements the uplight movements on and they will when they beat so does fired a as untainted. we have to continue providing resource fort forces between government citizens and academia. a final word, echoes of past and said the food well go into the future were the sum, all, or none of these can be called slavery, it is an issue th
awareness will failed to tackle the issue if it does not supplemented by an analysis defense efforts to trace what is going on from a supply chain to a beat. each sector, all of you belong to a sector of the party interested and center slavery, i will take the liberty of telling you what the efforts should be. i think we have to leave the field with policy recommendations related to issues like supply chance. guidance from scholars and find a way to comply globally and effectively. i cannot...
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Dec 9, 2012
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our report put the port's top officials and board on the defensive and launched a series of investigations. within a week of our first story the port commission placed executive director benjamin and maritime director jamkwon james kwon on administrative leave. we discovered it was more than port officials visiting that coorook bar. some members of oakland police department made visits to that same and here is eric rasmussen again with what oakland police officers are doing on the clock. >> reporter: over four nights we watched the same scene play out at cafe juliet on 14th street in midtown oakland. each night our camera recorded women going into the private room karaoke bar. >> what is going on down there? is this some kind of weird prostitution thing going on? >> reporter: this neighbor and others say the scene we observed has been going on for years, but she told us it's not just the women and mostly male clientele that have her concerned. >> we have seen a police officer kind of go in and out, sometimes at night and sometimes with a police car parked out here for hours. >> reporter: o
our report put the port's top officials and board on the defensive and launched a series of investigations. within a week of our first story the port commission placed executive director benjamin and maritime director jamkwon james kwon on administrative leave. we discovered it was more than port officials visiting that coorook bar. some members of oakland police department made visits to that same and here is eric rasmussen again with what oakland police officers are doing on the clock....
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Dec 6, 2012
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jeremy bowen, with our bbc partners, is there tonight and reports assad's forces are waging a fierce defense. >> throughout the day and after dark, when i'm speaking to you, there are quite steady explosions of shell fire, outgoing artillery fire, going into the suburbs around the center of the city, where i am. >> reporter: residents are caught in a worsening cross fire. >> people who came from areas that are being shelled, they are on the streets, many children, sometimes you see them crying, old people are sleeping on the ground. >> reporte but nothing is this horrific war has gotten the attention of u.s. officials more than this chemical weapons threat. >> these reports may mean that the united states and our allies are facing the prospect of an imminent use of weapons of mass destruction in syria. this may be the last warning we get. >> reporter: i can tell you planning for all sorts of con tin jen sips is already well under way. but military action would not be easy. it could take upwards of 75,000 troops to secure those chemical weapons, which no one is eager to provide. but president
jeremy bowen, with our bbc partners, is there tonight and reports assad's forces are waging a fierce defense. >> throughout the day and after dark, when i'm speaking to you, there are quite steady explosions of shell fire, outgoing artillery fire, going into the suburbs around the center of the city, where i am. >> reporter: residents are caught in a worsening cross fire. >> people who came from areas that are being shelled, they are on the streets, many children, sometimes...
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we have been on defense from day one. we have on occasions employed offensive techniques and by and large, they are pretty effective. we understand intelligence is a critical component of this battle, may be even more so than the last. but it was important then, too. we have had some reorganization of our government and we have certainly had a couple of wars. we think of afghanistan right now, and maybe that is the last point of the microcosm. is there anybody here who believes that in five years, afghanistan is going to look very much different than it did, say, two weeks before 9/11? is it going to look any different? there is a lot of blood and treasure spent, maybe not to very good effect. we final point is that's could, because we are and impatient people by nature, and because the enemy in this case is extraordinarily patient -- well, i am not going to say we can lose it, because at the end of the day, we have no choice but to win it. it will be a longer struggle if we don't appreciate that the time element is impor
we have been on defense from day one. we have on occasions employed offensive techniques and by and large, they are pretty effective. we understand intelligence is a critical component of this battle, may be even more so than the last. but it was important then, too. we have had some reorganization of our government and we have certainly had a couple of wars. we think of afghanistan right now, and maybe that is the last point of the microcosm. is there anybody here who believes that in five...
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troops will be deployed to the frontier nato says deploying patriot missiles along syria's borders is a defensive step to prevent syria from attacking turkey i don't think there's any requirement whatsoever for patriot batteries on the ground in turkey again the patriot missiles are designed to really protect primarily against incoming theater ballistic missiles or aircraft the syrians are not going to attack the turks the turks of the most powerful military establishment in the region the largest army in nato intervention in syria will be as bad if not worse than what we experienced in iraq the pentagon said they would need seventy five thousand troops to secure syria's weapons of mass destruction the question on everyone's mind is are they seriously considering that kind of a mess of intervention because that could mean another you rock coming soon an invasion that could be followed by years of bloody civil war in washington i'm going to check out. fortunes and says president assad could resort to using chemical weapons out of despair that his government is on the verge of collapse but dr ali m
troops will be deployed to the frontier nato says deploying patriot missiles along syria's borders is a defensive step to prevent syria from attacking turkey i don't think there's any requirement whatsoever for patriot batteries on the ground in turkey again the patriot missiles are designed to really protect primarily against incoming theater ballistic missiles or aircraft the syrians are not going to attack the turks the turks of the most powerful military establishment in the region the...
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Dec 8, 2012
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supreme court today announced it will take up two gay marriage cases prop 8 out of california and the defense of marriage act case out of new york. the court could hear the cases as early as march. okay. two big issues here. let's start first with -- i think we will start with the gay marriage issue first and then we will go to the pot question. steve, how do you think it's going to play out the doma case prop 8 case how two different cases how do you think doma case. >> doma case involves whether someone who had lived with domestic partner for 45 years should have to pay estate taxes where if they lived as husband and wife she would not have to pay estate taxes and prop 8 involves whether or not gay marriage is simply legal. i think what we are seeing here they only need four justices to decide whether to take the issue. i think there is a little bit of politics there because if obama appoints more justices, they are not going to have to get the issue before the court. i think expect that the court going to say that gay marriage is legal just as they said you couldn't ban racially mixed raci
supreme court today announced it will take up two gay marriage cases prop 8 out of california and the defense of marriage act case out of new york. the court could hear the cases as early as march. okay. two big issues here. let's start first with -- i think we will start with the gay marriage issue first and then we will go to the pot question. steve, how do you think it's going to play out the doma case prop 8 case how two different cases how do you think doma case. >> doma case...
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Dec 8, 2012
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tom, missile defense, dig teacher -- deeper if possible. how concerned are you with the effects in the region, and the fact the that missile program in the united states have not produced a successful intercepter since 2008? can you go into what you think your version should be for adopting the paa that's why europe into asia because leaders here said they would like to do some sort of paa in asia. >> you asked a lot of questions in there. >> [inaudible] [laughter] >> well, let me talk about the sbx in general. you know, the sbx was built as a research and development platform. it was not designed to be in the long term missile ballistic architecture. there's benefit in research and development, but since it was built, my estimation is that the overall sophistication of the capabilities have grown, and it's grown globally so that the need to have diminished because they are mature of enough to have it. as far as the intercepters to be productive, you have to look across the technologies that we pursue, and recognize that the significant tec
tom, missile defense, dig teacher -- deeper if possible. how concerned are you with the effects in the region, and the fact the that missile program in the united states have not produced a successful intercepter since 2008? can you go into what you think your version should be for adopting the paa that's why europe into asia because leaders here said they would like to do some sort of paa in asia. >> you asked a lot of questions in there. >> [inaudible] [laughter] >> well,...
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from the defense secretary on down, the world be the world reacted to the news today ur chief foreign we begin with our chief foreign correspondent affairs, andrea mitchell. >> reporter: they warned today that the chemical threat is imminent, from a syrian regime that seems to be losing control. >> reporter: with the war turning against the syrian regime, fears rose of a nightmare scenario that once cornered the desperate bashar al-assad, may use chemical weapons against the world or against his own people. >> the whole world is watching, the whole world is watching very closely. and the president of the united states has made very clear that there will be consequences. >> reporter: u.s. intelligence as first reported by nbc news indicates that syria's military has loaded the precursor bombs, even a tiny bomb can attack the nervous system, killing within seconds or minutes, most of syria's sophisticated weapons including the planes that would drop the chemicals weapons are from russia, syria's most powerful ally. but today, they were so alarmed about the chemical threat, they met with
from the defense secretary on down, the world be the world reacted to the news today ur chief foreign we begin with our chief foreign correspondent affairs, andrea mitchell. >> reporter: they warned today that the chemical threat is imminent, from a syrian regime that seems to be losing control. >> reporter: with the war turning against the syrian regime, fears rose of a nightmare scenario that once cornered the desperate bashar al-assad, may use chemical weapons against the world...
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it is more of a defensive posture to say let's really make sure that we can continue to be a viable entity. tracy: it's interesting that you think obamacare could be part of the decision process. we are saying that we need to hold onto our own cash. the problem is you could be buying in at the market high points. >> well, if that is the only thing you are counting on is that company retirement needs, then you have a personal problem. [laughter] tracy: 46% of americans say they have saved less than $10,000 for retirement. >> that's right. the statistics are staggering. if you look at it in entirety, you think about where did all this come from, what is this notion of retirement. the three legged stool. pensions, iras, four o. one kays. all of that coming together. what is left anymore? pensions have been shut down companies. pensions are bankrupting municipalities. we talked about social security, it's ppobably not something that we can count on. it is really personal savings. when you look deeper at personal savings from these statistics are alarming. this generation an era that we have gr
it is more of a defensive posture to say let's really make sure that we can continue to be a viable entity. tracy: it's interesting that you think obamacare could be part of the decision process. we are saying that we need to hold onto our own cash. the problem is you could be buying in at the market high points. >> well, if that is the only thing you are counting on is that company retirement needs, then you have a personal problem. [laughter] tracy: 46% of americans say they have saved...
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one of the areas we've got a big response is in defense. defense cuts are going to be around 9.4%. a lot of people trading on that. northrop grumman, probably the cheapest in the aerospace, i think a lot of defense options will pop. >> this is a stock that rises only on a deal. is that what you're saying? >> yes. >> dr. j., what about you? >> fxi, judge. the reason, and i don't often go for the etfs as the way to play something like this, but given that it's china, i think the second largest customer of china, the u.s., avoiding the fiscal cliff, will be very good for them. you look at the build that it's had over the past three weeks, judge, it's up from roughly 35, pushing up towards 39 right now, that etf is, and i think if and when we do push this behind us, the fiscal cliff, that is, i think this one goes into the mid 40s. so i would buy fxi. >> let's debate these around the table a little bit. stephanie? i mean you're more positive i guess than negative on china. you like the fxi? >> we have been involved in it for awhile. we like a lot of the industrials. we like a lot of th
one of the areas we've got a big response is in defense. defense cuts are going to be around 9.4%. a lot of people trading on that. northrop grumman, probably the cheapest in the aerospace, i think a lot of defense options will pop. >> this is a stock that rises only on a deal. is that what you're saying? >> yes. >> dr. j., what about you? >> fxi, judge. the reason, and i don't often go for the etfs as the way to play something like this, but given that it's china, i...
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korea intends an all out attack on its neighbors this program including nuclear program has purely defensive and the deterrence of purposes it's in no size interest to have war because if you have war in korea both korea selection is off for a lot as long as the regime is stable in north korea and that's actually the key pressure there is no immediate danger of a war breaking up. teetering on the brink of a triple dip recession that britain looks to have been given a break in the form of an unexpected drop in unemployment but response to the news has been lukewarm some analysts warn that celebrations could be premature suggesting the statistics are being spun first reports. well some unexpected seasonal kid this week with official statistics showing the u.k.'s unemployment rate has fallen by eighty thousand people between august and october well the government might have been acting like christmas is coming early but the cold hard reality is that all of course there are going to be a huge number of people right now he simply don't recognize the pictures that they statistics the painting and
korea intends an all out attack on its neighbors this program including nuclear program has purely defensive and the deterrence of purposes it's in no size interest to have war because if you have war in korea both korea selection is off for a lot as long as the regime is stable in north korea and that's actually the key pressure there is no immediate danger of a war breaking up. teetering on the brink of a triple dip recession that britain looks to have been given a break in the form of an...
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korea tends an all out attack on its neighbors this program including nuclear program has purely so for defensive and in terms of purposes but of course you can never exclude once they have the tool it's dangerous and of course there's also the question of proliferation which i think is the biggest concern of the international community and yes he mentioned the u.s. and south korea then of course they recently reached a deal to extend the south's a ballistic missile range making sole capable of hitting any part of the north with that kind of approach achievable this peace on the korean peninsula. go we do have peace on the korean peninsula if you briefly forget about it if you are fortunate military systems. it's no sides interest to have war because if you have war in korea both careers will actually stop for a lot. as long as the regime is stable of north korea and associated pete question i think we should be concerned but there is no immediate danger of a war if you know. ok even then north korea expert fessor ruediger frank joining us from vienna university thank you. russia has strongly cri
korea tends an all out attack on its neighbors this program including nuclear program has purely so for defensive and in terms of purposes but of course you can never exclude once they have the tool it's dangerous and of course there's also the question of proliferation which i think is the biggest concern of the international community and yes he mentioned the u.s. and south korea then of course they recently reached a deal to extend the south's a ballistic missile range making sole capable of...
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all of this came hours after defense secretary leon panetta left the area. still not clear whether the attack was linked to his visit. erin burnett is walking with the secretary of defense hours before the attack. he talked about al qaeda. >> it was to defeat and disrupt and destroy. is that mission accomplished? >> the mission of defeating and deterring al qaeda i think is well on the way towards achieving the mission with regards to afghanistan. the threat we face here. we continue to face a threat elsewhere not only in pakistan, but yemen and elsewhere. we have had success against al qaeda here. i think the main challenge here is obviously to make sure there is no safe haven and the key is to secure and govern itself. those two are interlocked in terms of a mission that we have in afghanistan. >> you can hear much more from the defense secretary on erin burnett out front tonight on cnn. a satellite launched tuesday by north korea may not be in a stable orbit. north korea may not be in total control of the satellite and it's on this polar orbit at a relati
all of this came hours after defense secretary leon panetta left the area. still not clear whether the attack was linked to his visit. erin burnett is walking with the secretary of defense hours before the attack. he talked about al qaeda. >> it was to defeat and disrupt and destroy. is that mission accomplished? >> the mission of defeating and deterring al qaeda i think is well on the way towards achieving the mission with regards to afghanistan. the threat we face here. we...
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. >> it's homeland security, not just defense. >> yeah. that's always been one of the mischaracterizatio mischaracterizations. think of it as all national security. there's other parts that go into medicare providers also. >> can i possibly talk you into leaving the capital gains tax rate alone and the dividends tax rate? they're pro investment, pro capital formation. they help inves tors and retirees and help start new businesses. i know certain tax rates will goup whether i like it or not. can icon vince you to leave capital gains alone? >> it's all on the table. only two people know. that's president obama and speaker baner. i haven't spoken to them today. they're not talking publically. but they are negotiating. i believe getting closer. you have to realize as part of the budget agreement of 2011 we did agree on $1.1 trillion in cuts. that's already there. and i also believe that it's very important that we raise the debt ceiling when we do the fiscal -- >> you will never get it. let me ask you. will the democrats get an increase in an
. >> it's homeland security, not just defense. >> yeah. that's always been one of the mischaracterizatio mischaracterizations. think of it as all national security. there's other parts that go into medicare providers also. >> can i possibly talk you into leaving the capital gains tax rate alone and the dividends tax rate? they're pro investment, pro capital formation. they help inves tors and retirees and help start new businesses. i know certain tax rates will goup whether i...
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thorton is going forward and come to the defense of her alleged assail i can't and says in the trial at arthur never lifted the ax she never believed he intended to hurt her she felt safe in his presence. he was just -- and she wanted the it to go away. and he did this and this and managed to get ore people to override the testimony. so arthur is convicted. there's only one punishment for that which is the death penalty. and so arthur bowen goes on to death row, and? january of 1836, is sentenced to death. and with the clock ticking, mrs. thorton does something even more -- it was amazing snuff enough she had testified on arthur's behalf on criminal trial. she starts out recruiting her friends in high society and she was very prominent woman. many prominent friend, easy access to the leadership of the country. she weptd to the vice president van buren and said use your good officings with the president jackson, tell him he should pardon arthur, you know. his mother is very good and, you know, she
thorton is going forward and come to the defense of her alleged assail i can't and says in the trial at arthur never lifted the ax she never believed he intended to hurt her she felt safe in his presence. he was just -- and she wanted the it to go away. and he did this and this and managed to get ore people to override the testimony. so arthur is convicted. there's only one punishment for that which is the death penalty. and so arthur bowen goes on to death row, and? january of 1836, is...
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defense secretary leon panetta also said in a statement, i was deeply saddened to learn a u.s. service member was killed in the operation. i want to extend my condolences to his family, teammates and friends. to had fallen hero and our special operators americans seed highest ideals of citizenship and service and the torch of freedom burns brighter because of them. bill: reminder again of the great sacrifice from so many. steve centanni, thank you. martha. >> reporter: you bet. martha: also in the fight against terror a big blow to al qaeda, its second-in-command killed in a drone strike. pakistani intelligence officials say abu saiid kuwaiti was killed. and he was presented as a religious scholar for the group. he was promoted second-in-command earlier this year. >>> back to the economy now, china apparently going on an american spending spree. a chinese company agreed to buy a big chunk of insurance giant aig for more than $4 billion after the company got a huge bailout during the u.s. financial crisis. that is not the only bargain that china is picking up from u.s. taxpayers
defense secretary leon panetta also said in a statement, i was deeply saddened to learn a u.s. service member was killed in the operation. i want to extend my condolences to his family, teammates and friends. to had fallen hero and our special operators americans seed highest ideals of citizenship and service and the torch of freedom burns brighter because of them. bill: reminder again of the great sacrifice from so many. steve centanni, thank you. martha. >> reporter: you bet. martha:...
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defense secretary says washington has serious concerns the syrian government is thinking of using chemical weapons against the rebels the u.s. indicated this week it could intervene in the syrian conflict if those arms are used the american media got its claws into this story quoting unnamed officials as saying the syrian chemical arms are ready for use his middle east correspondent is following the developments. these rumors are verified as of yet they are just allegations what they do suggest is that syria's military has been mixing chemical weapons and loading them into bombs the allegations suggest that the syrian president bashar assad is reportedly planning to use these on his own people this comes as the u.s. military is making contingency plans should these to you and president bashar assad siding with the u.s. sources saying that they are aware that assad has received numerous asylum offers at the same time the united states has the cortical deployed the u.s.s. eisenhower start strike group which went through the suez canal from the persian gulf over the weekend and we understand
defense secretary says washington has serious concerns the syrian government is thinking of using chemical weapons against the rebels the u.s. indicated this week it could intervene in the syrian conflict if those arms are used the american media got its claws into this story quoting unnamed officials as saying the syrian chemical arms are ready for use his middle east correspondent is following the developments. these rumors are verified as of yet they are just allegations what they do suggest...
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korea intends an all out attack on its neighbors this program including nuclear program house purely defensive and insurance purposes is . no side's interest to heart war because if you go one korea careers will actually do so for a lot as long as the regime is stable of all three hundred sixty people so there's no immediate danger over the mail coming up president putin promises that no corrupt official politician will go unpunished later in the program we got a lot of reaction to the crackdown on the the crackdown the russian leader vowed jury in his first address since returning to the kremlin that pictures from a bit earlier on that's coming up soon also the u.k. reveals who's going to step up to revive its flagging the company but the rich could rest of these tonight the government's going to be targeting the forest reporter that has been. looking at some docs you simply do not believe they come speak and goodness how they can wrong oh. it's an international sled dog race with those driving the dogs. coming from as far away as a strength in canada and the us they come to russia and everyb
korea intends an all out attack on its neighbors this program including nuclear program house purely defensive and insurance purposes is . no side's interest to heart war because if you go one korea careers will actually do so for a lot as long as the regime is stable of all three hundred sixty people so there's no immediate danger over the mail coming up president putin promises that no corrupt official politician will go unpunished later in the program we got a lot of reaction to the...
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jenna: how would you approach defense spending? is that an area we should take a look at. >> sure, people need to realize there's always been $500 billion in defense cut. we are still flying 50-year-old aircrafts in many parts. we have grandchildren that are flying the same tail number that their grandfather flew in the air force. there is a need to reinvest back into military spending but is there an area of waste, you'll not find anyone in the defense industry to say there is no waste in defense there is. jenna: this interpretation from the article was suggesting that new politicians like yourself are free from "deol geez of the cold war. you're free from ideologies that are based in the reagan era, that you're a new group of politicians that don't have those strings, is that the case? >> no, what is interesting. i'm 44 years old i grew up out of high school in the reaganer a. that is actually my impression of conservatism and dealing with tax west a strong defense, dealing with family oriented fiscal and social policies. this is
jenna: how would you approach defense spending? is that an area we should take a look at. >> sure, people need to realize there's always been $500 billion in defense cut. we are still flying 50-year-old aircrafts in many parts. we have grandchildren that are flying the same tail number that their grandfather flew in the air force. there is a need to reinvest back into military spending but is there an area of waste, you'll not find anyone in the defense industry to say there is no waste...
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in fact, in my district i have a major base and defense contractors are there. they are already telling me they are laying off. >> how many cuts are you expecting? >> we don't know in total but we know there will be because they are telling us. >> i think you have to be willing to commit political harry kerry because you have to say no. >> our day in washington isn't done, just beginning. top of the next hour maria and i will be joined by senator johnny isakson. back to you guys. >> maria, brian, thank you very much. will a fiscal cliff deal be done in time? why don't you register your opinion. finance.cnbc. cast your vote. results will come up later on "power lunch." sue. >> we have a triple digit rally on the floor of the new york stock exchange with the dow jones industrial just off the highs of the trading session. we're up 109 points on the dow despite the gridlock in washington. nasdaq is up 41 points and s&p 500 is up 13 points. all three of those averages moving back above their 50-day moving average. first time we've seen that since october. trader from
in fact, in my district i have a major base and defense contractors are there. they are already telling me they are laying off. >> how many cuts are you expecting? >> we don't know in total but we know there will be because they are telling us. >> i think you have to be willing to commit political harry kerry because you have to say no. >> our day in washington isn't done, just beginning. top of the next hour maria and i will be joined by senator johnny isakson. back to...
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you saw the defense stocks move down. very rare miss in home builders. they had disappointing earnings and that has not happened much in the last couple quarters with home builders. >> certainly hasn't been. bob, i will see you later. >> commodities taking a hit after the fed's move. oil is down, gold is dropping below the 1700 level. sharon is at the nimex with a $20 loss in gold, sharon? >> fading quickly from the fed of course after chairman bernanke talked about the fact that you know, this is not offsetting any impact coming from the fiscal cliff. this is where they focus on this morning and we are looking at prices that slid even more so than the wti price. that gained more than wti over the last several sections. but it is right around $108 a barrel right now. natural gas harder hit and that had much more to do with the report that came out today that is very bearish. we are looking at a key technical level, now look for the down side target around 325. that's what traders are looking at. and you mention gold below 1700 and the fact that traders a
you saw the defense stocks move down. very rare miss in home builders. they had disappointing earnings and that has not happened much in the last couple quarters with home builders. >> certainly hasn't been. bob, i will see you later. >> commodities taking a hit after the fed's move. oil is down, gold is dropping below the 1700 level. sharon is at the nimex with a $20 loss in gold, sharon? >> fading quickly from the fed of course after chairman bernanke talked about the fact...
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but the defense secretary told me, not so fast. and the pentagon, and wolf, i want to quote his exact words. he said, quote, is still assessing whether or not it really was a success. now, wolf, of course, norad has confirmed that north korea successfully launched an object into orbit. and as i said, others have characterized this as a success. i wanted to know exactly what the defense secretary meant when he said he wasn't sure. so here's the exchange. >> you said you were still determining whether it was a success or not. is that still something that the u.s. is not sure about? >> i think we still have to assess, just exactly what happened here. you know, we had radar tracking the flight of that, to be able to analyze just exactly what happened during the course of that flight. the various stages. and then, most importantly, the final stage, to determine really whether or not that did work effectively or whether it tumbled into space. that's the issue that we need to assess. >> wolf, it remains to be seen exactly what happened, b
but the defense secretary told me, not so fast. and the pentagon, and wolf, i want to quote his exact words. he said, quote, is still assessing whether or not it really was a success. now, wolf, of course, norad has confirmed that north korea successfully launched an object into orbit. and as i said, others have characterized this as a success. i wanted to know exactly what the defense secretary meant when he said he wasn't sure. so here's the exchange. >> you said you were still...